Posts Tagged ‘Decred trading’

A quick reminder that in a few hours the official launch of Decred (DCR), a new interesting PoW/PoS altcoin is happening. Decred is currently running on testnet with the official launch of the mainnet planned on 12:00 PM CST February 8th, 2016 – you can watch a live countdown here. here crypto currency uses Blake256 14-rounds algorithm for mining and there is a cgminer fork (source) already available, though currently only getwork is supported and not stratum. The cgminer for Decred GPU mining is available below, compiled for 64-bit Windows, ready for mining solo or on some of the mining pools for DCR. This cgminer works on both AMD and Nvidia GPUs as the currently available ccMiner forks from tpruvot and sp do not yet have support for Decred even though they do have support for Blake256 14-rounds algorithm.

If you manage to catch the official launch it is better to start by solo mining with a local wallet as this might be more profitable at the start and then switch to some of the available Decred (DCR) mining pools. This might be a bit of a challenge however as there is no yet a GUI wallet for the coin, so you will need to use the console version of the wallet to make things work before you are able to start mining solo. There are already binaries available for the wallet, but they are password protected and the password will be posted at the coin’s launch. So you have a few hours to get everything downloaded and ready for the official launch, you can even test on the testnet before the launch of the main network to make sure everything is working properly.

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